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Husband guilty of orchestrating wife's stabbing death in Century City parking garage [Updated]

May 19, 2011 | 12:55 pm

James Fayed in court. A Ventura County businessman was found guilty Thursday of orchestrating the fatal stabbing of his estranged wife in 2008 in a Century City parking garage, a crime prosecutors say was designed to fend off a messy and potentially expensive divorce.

James Fayed was accused of hiring a worker from his Moorpark ranch to pull off the crime with the help of two recruited gang members.

Pamela Fayed was stabbed 13 times by a hooded assailant fled in a rented SUV, prosecutors said.

Fayed was convicted of murder and conspiracy to commit murder. He potentially faces the death penalty. The trio of hired hands who allegedly took part in the murder plot face separate trials.

The key prosecution evidence in the 2008 crime was a taped confession Fayed allegedly made to a jailhouse informant. Tapes of the alleged confession where played to jurors and included Fayed referring to his wife as a “money grubbing” person who would not listen to reason.

Authorities said Fayed feared his estranged wife would cooperate with a federal investigation into the workings of their international gold trading business, Goldfinger Inc.

[Corrected 1:37 p.m.: The original version of this post incorrectly stated that Pamela Fayed's body was taken from the crime scene in the rented SUV.]

ALSO:

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'Gold Card Desk' dismissed some L.A. parking tickets without justification, audit finds

-- Jack Leonard

Photo: James Fayed in court. Fayed was found guilty Thursday of planning his wife's stabbing death. Credit: Al Seib / Los Angeles Times

Click to visit The Times' interactive Homicide Report

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